The first phase in executing an activity-based costing procedure is to trace overhead costs to one or more departments. This statement is true.
Activity-based costing is a technique of allocating overhead and indirect costs - such as earnings and utilities - to products and services. The ABC strategy of cost accounting is founded on conditioning, which is contemplated by any circumstance, unit of work, or assignment with a specific objective. An activity is a cost driver, such as an acquisition proclamation or device setup.
The cost driver rate, which is the cost pool whole divided by the cost driver, is utilized to estimate the amount of overhead and indirect costs affiliated with a certain activity.
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how do perspectives on competitive advantage differ when comparing brick-and-mortar stores to online businesses
Developing a competitive edge may be challenging since it may be challenging to stand out from the competition and obtain qualities that other products lack. It takes a lot of effort and resolve.
Product: What does that mean?A product is the name for the object that is being sold. Products can be either tangible items or services. It might manifest itself in person, electronically, or online. Everything product has a price and a cost attached to it.
A good product is exactly what?advancing technology in a way that allows businesses to use great product design as either a force for good. Positive psychology researchers can contribute to the development of technology that tackles issues beyond the limitations of people.
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a couple invests $9,351.00 today in a money market fund that pays 7.00% per year. what is the value of this account in exactly one year?
dale has to write a research report about poland in his international marketing class. one aspect he must learn about the country is its size, structure, and distribution. what does this represent?
Distinct cultures have different notions about how to use time in interpersonal and organizational communication, particularly nonverbal communication.
What actions are often regarded as socially acceptable?Social norms are established codes of behavior among different social groups. Social norms can be established understandings that govern how members of a society act or they can be unwritten laws and rules.
What is the population's makeup and distribution?The spatial pattern brought on by population dispersion, the formation of agglomerations, the linear spread, etc. is referred to as population distribution. Population density is the ratio of people to accessible space. It demonstrates the relationship amongst density or the number of people living in an area.
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what is the net long term capital gain reported on joanne's schedule d? a. $2,450 b. $2,100 c. $1,750 d. $350
Answer:
I think the answer is C. $1750?
Explanation:
the sales manager has requested a report of the feeds on certain objects. what is required to keep track of the feed acitivites
To keep track of feed activities, the following information is typically required: Object Identifier,Feed Type, Feed Source, Feed Frequency and Feed Data
Object Identifier: A unique identifier for each object, such as a product code or name, that the feed is related to.
Feed Type: The type of feed, such as a product feed, a price feed, or a stock feed, that needs to be tracked.
Feed Source: The source of the feed, such as a website, a third-party service, or an internal system.
Feed Frequency: The frequency of the feed, such as daily, weekly, or monthly, which helps to determine the regularity of updates.
Feed Data: The data that is included in the feed, such as product information, pricing, and stock levels.
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the process by which workers with similar personalities are attracted to and hired by organizations and those with dissimilar personalities leave is described by the .
This process is known as homophily, which is the tendency of individuals to associate and bond with similar others. Homophily can explain why employees with similar personalities are attracted to and hired by organizations, while those with dissimilar personalities leave.
What is homophily?Homophily is the tendency of people to associate and bond with others who are similar to them in terms of age, race, class, gender, religion, educational level, and other characteristics. This phenomenon is often referred to as the “birds of a feather” effect. Homophily helps to explain why people tend to form close relationships with those who have similar backgrounds, interests, and values, and why social networks tend to be segregated. It is an important factor in the formation of social structures and the transmission of culture.
This is because people tend to form relationships with those who are similar to them in terms of values, beliefs, attitudes, and behaviors. As a result, organizations that emphasize similar values, beliefs, and behaviors are more likely to attract and retain workers with similar personalities.
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when business strategies, economic sectors, work practices, technologies, and lifestyles are assessed and improved while maintaining the natural environment, this is known as .
when business strategies, economic sectors, work practices, technologies, and lifestyles are assessed and improved while maintaining the natural environment, this is known as Sustainability.
What is Sustainability?
Sustainability is the capacity to support or maintain a process throughout time.
Economic, environmental, and social aspects are the three main categories of sustainability.
Many organizations, as well as governments, have made commitments to sustainable objectives, such lowering their environmental footprints and preserving resources.
The concept of "green investing" is actively being embraced by certain investors.
Certain businesses have been accused by sceptics of "greenwashing," the practise of deceiving the public to make a firm appear more environmentally friendly than it actually is.
Sustainable policies therefore stress the long-term impact of any particular policy or corporate practise on people, ecosystems, and the overall economy. The idea is frequently associated with the conviction that the state of the planet will become irreparably damaged unless significant changes are made to how it is managed.
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true or false: there are no major differences in accounting for inventory between u.s. generally accepted accounting principles and international accounting standards
False , there are no major differences in accounting for inventory between u.s. generally accepted accounting principles and international accounting standards .
What inventory guidelines are there under GAAP?
Depending on the inventory method employed, inventories are measured under US GAAP at the lowest of cost, market value, or net realisable value.
Market value is defined as current replacement cost less a typical profit margin, subject to an upper limit of net realizable value and a lower limit of net realizable value.
What distinctions exist between foreign and US accounting standards?
There are two main differences: Enforcement. Given that GAAP is a set of rules, US corporations with publicly listed stock are legally compelled to abide by its guidelines.
However, because IFRS is based on standards, it is not mandatory for anyone to abide by its recommendations, despite them.
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the basic idea of opportunity cost is that: question 14 options: a) economic agents are always looking for better opportunities. b) buyers miss opportunities to find better bargains. c) the decision to use resources in one activity means that they cannot be used elsewhere. d) using resources in an activity imposes costs on other people.
C) When resources are allocated to one activity, they cannot be used for another. The inputs or components of production that are used in the production of goods and services are referred to as resources.
The inputs or components of production utilised to create commodities and services are referred to as resources. They can be human inputs like abilities, education, and knowledge, as well as physical inputs like capital, labour, land, and raw materials. One of the most fundamental economic decisions involves allocating precious and limited resources to various applications. The idea of opportunity cost emphasises that resources may only be used in a single way at a time, and choosing to use them in one activity has an implicit cost of forgoing the chance to use them in additional activities. It is essential to allocate resources effectively if you want to boost production, efficiency, and economic growth.
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the table above shows a production possibilities frontier for an economy. which of the following combinations is unattainable? group of answer choices 0 loaves of bread and 800 books 0 loaves of bread and 0 books 200 loaves of bread and 800 books 300 loaves of bread and 200 books 100 loaves of bread and 800 books
Production is the process of combining various inputs, both material and immaterial in order to create output.
What is the meaning of Production?The process of mixing several inputs, both physical and immaterial, to produce output is known as production. In a perfect world, this output would be a product or service that is useful to people and has value.
Producing products and services to meet consumer demands is known as production. The method yields the final product. Land, capital, labor, and organization make up the four components of production.
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Why the income and substitution effect a reason for the law of demand?
The income and substitution effects explain why the law of demand holds true, which states that the quantity demanded of a good or service is inversely related to its price.
What is Law of demand?One of the cornerstones of microeconomics is the law of demand, which asserts that, ceteris paribus, the amount demanded of an item or service is inversely related to its price (all other things being equal). In other words, as a good's price rises, less people want it, and vice versa when a good's price falls, more people want it.
The demand curve's sloping downward captures this relationship. The link between a good's price and its amount required is represented graphically by the demand curve. It's crucial to keep in mind that the rule of demand presupposes that other variables influencing demand (such as income, preferences, and product prices) will not have a significant impact on demand.
Price elasticity of demand, which assesses how responsively the quantity demanded is to changes in price, is a key idea associated with the law of demand. If a change in price results in a correspondingly bigger change in the amount required, a good or service is said to have elastic demand. A product or service is said to have inelastic demand, on the other hand, if a change in price results in a proportionately smaller change in the amount sought.
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set up a linear system and solve. a $6,000 principal is invested in two accounts, one earning 2% interest and another earning 9% interest. if the total interest for the year is $337, then how much is invested in each account?
$2,900 is invested at 2% and $3,100 is invested at 9%.
Let x be the amount invested at 2% and y be the amount invested at 9%. Then we have:
x + y = 6,000 (equation 1: the total amount invested is $6,000)
0.02x + 0.09y = 337 (equation 2: the total interest earned is $337)
To solve for x and y, we can use the elimination method. First, we can multiply equation 1 by 0.02 to get:
0.02x + 0.02y = 120 (equation 1')
Subtracting equation 1' from equation 2, we get:
0.07y = 217
y = 3,100
Substituting y = 3,100 into equation 1, we get:
x + 3,100 = 6,000
x = 2,900
Therefore, $2,900 is invested at 2%, and $3,100 is invested at 9%.
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true or false: an import tariff does not need to push the price of an imported computer above the price of its domestic counterpart for the domestic producers to prosper. the tariff should be just high enough to reduce the price differential between the imported products and the domestically made products.
The tariff should be set at a level that narrows the price gap between imported and domestically produced goods. This statement is true.
Why does the domestic producer of the imported good benefit from an import tariff?Of course, a tariff also brings in money for the importer's government (revenue function). Therefore, tariffs help the importing nation's government and producers through tax revenues and production surpluses at the expense of its consumers through higher prices.
It is accurate to say that countries impose export taxes when they feel the price of an export is too low. When a nation intends to restrict the selling of domestically manufactured goods abroad, export tariffs are applied.
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waiting until a program or intervention is complete to begin evaluation activities misses important and valuable opportunities for what type of evaluation?
Process Evaluation is waiting until a program or intervention is complete to begin evaluation activities misses important and valuable opportunities.
Process evaluation centers around the execution interaction and plans to distinguish how the undertaking has stuck to the rationale model's procedure or endorsed hypothesis of progress. Not at all like result and effect assessments, process assessments focus on sources of info, exercises, and results and their association. While doing handle assessment, one isn't keen on the reason yet is more inspired by how the method involved with executing the intercession is carried out and in the event that everything is going according to the characterized cycle. On the off chance that this isn't occurring, we really want to figure out what's turning out badly with the interaction.
Process evaluation empowers assessors to recognize execution and execution disappointments. Execution disappointment happens when expected results are not accomplished because of ineffectual execution strategies, like unfulfilled goals and a lack of qualified specialists.
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a type of security that is frequently used in mortgages and requires that the loan payment contain both interest and loan principal is called___
A type of security that is frequently used in mortgages and requires that the loan payment contain both interest and loan principal is called an amortized loan.
What kind of security is a mortgage?On the secondary market, mortgage-backed securities are bought and sold. A specific kind of asset-backed securities is an MBS. Processes for mortgage finance and house loans have become simpler thanks to asset-backed securities. Ginnie Mae, Freddie Mac, and Fannie Mae are the main issuers of mortgage-backed securities.
What serves as the mortgage loan's primary security?The asset generated as a result of the credit facility given to the borrower and/or that is directly connected to the venture or project of the borrower for which the credit facility has been extended is the primary security. Any additional security pledged for the specified credit facility is a collateral security.
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what is an example of a biological hazard an employee who didn't wash their hands a box of poison rat food that is being stored right next to food a bottle that feel and broke scattering glass shards everywhere
The statement which illustrates the example of a biological hazard is an employee who didn't wash their hands. So option a. is correct.
A biological hazard may be illustrated as organic substances that especially pose a hazard or have harsh effects on the health of humans and different living organisms. Biological hazards commonly include pathogenic microorganisms like viruses, toxins, spores, fungi, and bioactive essences. According to the context of this question, when a person is not washing their hands, multiple microbes can remain within the hands. These microorganisms are competent in boosting varied intermediate to severe diseases in organisms.
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how many years will it take an investment to triple if the interest rate is 8% com- pounded annually?
So, at an annual interest rate of 8%, it will take an investment around 9 years and 2 months (rounded to the nearest month) to treble.
To find the number of years it will take for an investment to triple with an 8% compounded annually interest rate, you can use the formula for compound interest:
A = P * (1 + r/n)^(nt)
where:
A is the final amount
P is the initial amount (principal)
r is the interest rate as a decimal (8% as 0.08)
n is the number of times the interest is compounded per year
t is the number of years
In this case, we want to find the number of years t such that A = 3P. So, we can set up an equation and solve for t:
3P = P * (1 + 0.08)^(nt)
Dividing both sides by P:
3 = (1 + 0.08)^(nt)
Taking the natural logarithm of both sides:
ln(3) = nt * ln(1 + 0.08)
Dividing both sides by ln(1 + 0.08):
t = ln(3) / nt * ln(1 + 0.08)
Since the interest is compounded annually, n = 1. Plugging this into the equation:
t = ln(3) / ln(1 + 0.08)
Approximating using a calculator, this results in t = 9.148 years.
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a firm has sales of $4,660, costs of $2,460, interest paid of $161, and depreciation of $457. the tax rate is 30 percent. what is the cash coverage ratio?
The cash coverage ratio is an obligation and productivity proportion used to decide how effectively an organization can pay interest on its remarkable obligation.
The cash coverage ratio is a measure of a firm's ability to meet its current financial obligations using only its current cash flow. It is calculated as follows:
Cash coverage ratio = (Net Operating Cash Flow) / (Current Liabilities)
Net Operating Cash Flow is calculated as:
Net Operating Cash Flow = Sales - Costs - Interest Paid - Depreciation - Taxes
In this case, the firm's net operating cash flow can be calculated as follows:
Net Operating Cash Flow = $4,660 - $2,460 - $161 - $457 - ($4,660 - $2,460 - $161 - $457) * 30%
Net Operating Cash Flow = $4,660 - $2,460 - $161 - $457 - ($2,000) * 30%
Net Operating Cash Flow = $1,532
Without information on the firm's current liabilities, it's not possible to calculate the cash coverage ratio. To find this ratio, you would need to know the firm's current liabilities and divide the net operating cash flow by that amount.
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according to the michigan state article, why is supply forecasting important for factories and suppliers downstream in the supply chain?
The answer is, To know in advance how much raw material they should have available and To deliver orders in a specific time frame.
The supply chain is what?The network of all the people, businesses, resources, tasks, activities, and technological advancements involved in the production and distribution of a good is known as a supply chain. A supply chain includes every step of the process, from the transfer of raw materials from the supplier to the producer to the final distribution to the customer.
What are supply chain management's five fundamental steps?The five components of supply management are supply, production, inventory, capacity, and distribution planning. The demand plan generates requirements, and supply planning decides how to best meet them.
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average total assets are $400,000; net income is $200,000; and net sales are $800,000. the return on assets is .
A higher ROA means that a company is efficiently using its assets to generate profits, while a lower ROA may indicate that a company is underperforming or not effectively utilizing its assets.
The return on assets can be calculated by dividing the net income by the average total assets.
ROA = Net Income / Average Total Assets
Plugging in the numbers:
ROA = $200,000 / $400,000
ROA = 0.5 or 50%
In the calculation, the net income of $200,000 is divided by the average total assets of $400,000, yielding a ROA of 50%. This means that for every dollar of assets the company holds, it generates $0.50 in net income.
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___ is defined as the difference between the maximum price a consumer is willing to pay for a product and the actual price.
Consumer surplus is defined as the difference between the maximum price a consumer is willing to pay for a product and the actual price.
What is Consumer surplus?
When customers pay less for a good or service than they are willing to, this is known as a consumer surplus. It measures the extra benefit that consumers get from paying less for something than they would have been prepared to.
The following is the simplest formula for figuring out the consumer surplus: Maximum Price - Market Price equals Consumer Surplus.
The enlarged version of the formula is as follows from there: Quantity at Equilibrium = (1/2) Consumer Surplus (Maximum Price – Equilibrium Price)
It measures the additional value that customers receive as a result of paying less than what they would otherwise be willing and able to pay.
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Each person listed below is looking for a particular set of circumstances they would prefer to live under. For each person, select the economic system that would best meet their needs.
1. Danielle wants to live in a country where she is free to start a business in a field of her choice and pay minimal taxes. (Click to select)
2. Marcus enjoys living in a country that tells him where he will work and live, and that provides his food rations. (Click to select)
3. Tameka prefers to live in a country with a higher tax rate that provides healthcare and education opportunities for all of the citizens. (Click to select)
4. Jose prefers to live in a country with more social freedoms, such as freedom of speech, press, assembly, job choice, movement, and elections. (Click to select)
5. Meagan would rather live in a country that focuses on quality of life where they provide more generous sick leave, longer vacations, and fewer work hours per week. (Click to select)
6. Drew likes the control the government provides by making everyone follow one religion and obeying authority. Everyone in his country gets along as it is against the law to protest, practice a different religion, move, or change jobs. (Click to select)
For each person, the economic system would be, 1. Danielle capitalism, 2. Marcus Communism, 3. Tameka capitalism, 4. Jose capitalism, 5.Megan socialism and 6.Drew communism.
What is capitalism?Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property, property rights recognition, voluntary exchange, and wage labour. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to manoeuvre capital or production ability in capital and financial markets.
Whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.
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major airlines change hundreds of fares daily in response to competitor tactics, which is an example of using multiple choice scenario analysis. switching costs. competitive intelligence. corporate espionage.
Major airlines change hundreds of fares daily in response to competitor's tactics, which is an example of using c) competitive intelligence.
Competitive intelligence (CI) or competitor intelligence is defined as the process through which a firm obtains and analyzes information about its industry, business environment, competitors, and goods in order to determine its future strategy.
Competitive intelligence is often regarded as a vital component of developing a successful competitive strategy, which will ultimately result in the creation of a distinct competitive edge in company.
In an increasingly competitive world, thorough research and market intelligence may often mean the difference between a thriving business and one that struggles to stay up with the competition. Competitive intelligence systems are utilized by both large and small firms to assist them gain an advantage.
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Correct question:
Major airlines change hundreds of fares daily in response to competitor's tactics, which is an example of using what?
a) scenario analysis.
b) switching costs.
c) competitive intelligence.
d) corporate espionage.
. incentives matter a. only when people are greedy and selfish. b. only in a free market system. c. only in the private sector. d. to all human beings regardless of environment.
Rewards are important. to all people, regardless of circumstance.
What serves as the primary motivator for a market economy?Increased innovation is supported by a nation's market economy. To achieve a competitive advantage, businesses and individuals are urged to innovate. Companies are primarily motivated by money, and as a result, they seek to develop new products and technology in order to increase profits.
What function does the government serve in a market economy?However, economists recognize six primary roles for governments in market economies. Governments maintain competition, offer public goods and services, redistribute income, account for externalities, and stabilize the economy in addition to providing the legal and social framework.
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using suppliers outside of the company to provide materials to make goods and services is called _____.
Outsourcing is the practise of using a third party from outside a business to perform duties or create goods that were previously completed internally by the business's own staff members.
What are sourcing and outsourcing?Insourcing entails distributing the project to a person or division within the organisation rather than employing an outside firm. Outsourcing, on the other hand, is a strategy in which some business processes are carried out externally rather than internally.
What kinds of vendors are there?Manufacturers, distributors, and wholesalers are the three categories of suppliers to take into account while sourcing your goods. Manufacturers develop, create, and package the goods, making them the product's producers.
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buyer-seller relationships that arise for important purchases are the ones that are more likely to involve operational linkages and high levels of information exchange. true false
It is true that connections between buyers and sellers that develop for significant purchases are more likely to involve operational links and intensive information sharing.
What is information sharing?The exchanging of information between different companies, people, and technologies is referred to as information sharing. Various forms of information exchange exist, including: information disclosed by people. When individuals or other entities share or exchange information, it is referred to as information exchange or information sharing. This could be carried out digitally or by using specific systems. To protect and advance the welfare of children, young people, and adults, information sharing is essential. The choices made on who to share information with, when to share it, and how much to disclose can have a significant impact on people's life. A person can be sure to get the proper services at the appropriate moment thanks to it.
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the cobit framework primarily relates to a) best practices and effective governance and management of organizational assets. 18) b) best practices and effective governance and management of public companies. c) best practices and effective governance and management of information technology. d) best practices and effective governance and management of private companies.
The COBIT framework primarily relates to C: "best practices and effective governance and management of information technology".
COBIT (Control Objectives for Information and related Technology) is a framework that provides guidance on best practices and effective governance for the management of information technology within an organization. It covers various IT processes such as governance, risk management, security, and compliance.
The COBIT framework helps organizations ensure that their use of technology aligns with their business goals, supports the delivery of value, and protects their assets and interests. COBIT is designed for organizations of all sizes and industries, and is widely recognized as a leading framework for IT governance and management.
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jessica simpson is clueless about cars (imagine that!), so she asks her ex-husband nick lachey to buy her a brand new one that only she will drive. nick visits a number of dealerships before finally picking a car for jessica. jessica goes to the dealership and pays for the car with cash. in this scenario nick lachey is both the and the .
Making the greatest choice to meet his needs will require much research, comparison, and effort on the part of the researcher.
Amie engages in extensive problem-solving while purchasing a car because the studies car reviews online, consults friends, and takes test drives at several dealerships. The part in the purchasing process where the customer obtains information from many sources regarding the purchase they need to make in order to make the best choice can be understood as an extended problem-solving process, This stage of the buying process typically takes place when a customer is buying a product for the first time, one that may be more expensive, or one that will be used seldom. Long-term problem solving therefore starts with the biggest effort in choosing a purchase and proceeds through information collection and alternative appraisal.
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which of the following is one of the major criticisms of the jury system in the united states? group of answer choices juries only apply substantive rules of law to decide cases. jurors vote their prejudices. jurors develop voir dire to elicit attitudes and experiences. juries cannot be used in criminal cases. juries cannot be used in civil cases when the amount in controversy is below $2,000.
Jurors voting their prejudices is one of the major criticisms of the jury system in the United States.
What is jurors voting ?One of the main complaints of the jury system in the United States is that jurors vote according to their prejudices. This implies that jurors may base their decisions on their own personal opinions, biases, or prejudices rather than the facts and the law. This could lead to a verdict that is biased against the facts and the law and result in a miscarriage of justice. Because the jury system is supposed to be impartial and the judgement should only be based on the evidence given in court, this is regarded as a serious issue. Critics contend that jurors' personal biases can compromise the fairness of the legal system, and they urge for steps to solve this problem, such as increasing the jury size.To know more about jurors voting , check out :
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the discount rate increases b. the discount rate is compounded more frequently c. the asset matures earlier d. interest is calculated as simple interest rather than compound interest
Increasing the interest rate and increasing the time period will will increase the future value of a lump sum investment. (C)
The future value of a lump sum investment can be calculated by compounding the initial investment over a fixed period of time at a fixed interest rate which is given. The future value on an investment increases as the interest rate increases and as the time period for which it is invested also increases.
Thus, increasing the interest rate (II) and increasing the time period (III) are the factors which increase the future value of a lump sum investment. Decreasing the interest rate (I) or decreasing the amount of the lump sum investment (IV) will decrease the future value of the investment.
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Complete question:
Which of the following will increase the future value of a lump sum investment?
I. Decreasing the interest rate
II. Increasing the interest rate
III. Increasing the time period
IV. Decreasing the amount of the lump sum investment
A. I and III only
B. I and IV only
C. II and III only
D. II and IV only
E. II, III, and IV only